Freewon China Co. Ltd. AExpects to turn loss into profit in H1 2026 with attributable net profit of 69 million yuan, driven by deep cooperation with a major North American customer.

Fuliwang issued a performance forecast, expecting attributable net profit for the first half of 2026 to be approximately 69 million yuan, an increase of 86.74 million yuan compared with the same period last year, turning a loss into profit year-on-year. It expects deducted attributable net profit to be approximately 68 million yuan, also turning a loss into profit. The company's performance growth was mainly due to deep cooperation with a major North American customer, driving revenue growth in the 3C consumer electronics business and thereby boosting net profit. Financial expenses rose year-on-year due to exchange losses, while the amount of asset impairment provisions increased, having a certain negative impact on profit growth. In the first quarter of 2026, Fuliwang achieved revenue of 540 million yuan and attributable net profit of 45.52 million yuan.
Freewon China Co. Ltd. AExpects to turn loss into profit in H1 2026 with attributable net profit of 69 million yuan, driven by deep cooperation with a major North American customer.